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and again, president obama refuses to talk about any of them. he doesn't think we have a spending problem. well, then why is our nation hitting the credit card limit again? because the government is spending too much. we have to solve that problem. >> many thanks. appreciate it, sir. >> great being with you. >>> let's bring in our panel to talk about this. we have molly ball with the atlantic. kate, author of "divider in chief." and robert costa from the national review. if i wanted a deal, i wouldn't insult, demonize and pound away at the opposition. he certainly to use a cnbc phrase is not rising above partion. where does he get off doing this? >> larry, this is the politics of what happens in washington. president obama went to the podium today and he outlined the hard-line position. this was red meat for the liberal base. we know though just as we saw in the fiscal cliff that a deal will have to be struck to avoid a government shut down. i think he ultimately he will come to the center, depends how much. >> kate, i don't think america is a d
and again, president obama refuses to talk about any of them. he doesn't think we have a spending problem. well, then why is our nation hitting the credit card limit again? because the government is spending too much. we have to solve that problem. >> many thanks. appreciate it, sir. >> great being with you. >>> let's bring in our panel to talk about this. we have molly ball with the atlantic. kate, author of "divider in chief." and robert costa from the national...
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president obama again rejected any negotiation with republicans over the debt ceiling. i love the debt clock. it's almost as fast as the amount of money they're going to earn tr nike. >> and is we'll talk about that. >> meanwhile, fed chairman ben bernanke speaking monday warned the u.s. economy isn't out of the woods yet and is still at risk from political gridlock. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its existing bills. it doesn't create new deficits, it doesn't create new spending. so not raising the debt ceiling is sort of like a family trying to improve its credit rating saying, i know how we can save money, we won't pay our credit card bills. not the most effect of way to improve your credit rating. >> ben bernanke says the u.s. economy appears to be willing to raise the debt ceiling. it's downplaying fierce that this could lead to higher inflation. >>. >> what do you think? >> well, i think, you know, what we've seen in the beginning of the year, like the solution of the fiscal cliff for the
president obama again rejected any negotiation with republicans over the debt ceiling. i love the debt clock. it's almost as fast as the amount of money they're going to earn tr nike. >> and is we'll talk about that. >> meanwhile, fed chairman ben bernanke speaking monday warned the u.s. economy isn't out of the woods yet and is still at risk from political gridlock. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its...
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. >> president obama has been speaking the entire time about balanced packages. he talked about a $4 trillion target. we have 2 1/2 trillion in the bank right now. we're looking at another 1 1/2 trillion. not all will be in taxes of the part will be in cuts and part in taxes. we can't be in place to ignore investments we need to make in infrastructure. there is report out today we could lose $3 trillion over next eight years. melissa: stephen, i'm sure you're chomping at the bit to respond to that? >> look, one thing i will say to president obama he came to office in 2008 saying he would raise taxes. he has done it. this is what the president does. this is the way that he conducted himself in office. if you look back to after he lost and you think was rebuked fairly strongly in the 2010 midterm elections, he came back and gave a state of the union, a couple months later and said, just as susan did, we need to save more because we need more money for investments of the this is the way the president governor earns. he is a tax-and-spend liberal of the old school an
. >> president obama has been speaking the entire time about balanced packages. he talked about a $4 trillion target. we have 2 1/2 trillion in the bank right now. we're looking at another 1 1/2 trillion. not all will be in taxes of the part will be in cuts and part in taxes. we can't be in place to ignore investments we need to make in infrastructure. there is report out today we could lose $3 trillion over next eight years. melissa: stephen, i'm sure you're chomping at the bit to...
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. >> host: "the politics of abundance" how politics fix the budget and establish obama's legacy. this is about "communicators" on c-span. >> coming up next is los angeles mayor antonio villaraigosa and he talks about his push for immigration reform. then jan brewer delivers her state of the state address of arizona. and ben bernanke discusses economic issues at the university of michigan. >> tomorrow morning on "washington journal", we will have a member of the budget and armed services committee and he will talk about his gop colleagues and went is being called a conservative case more revenue. we will also talk with matthew cartwright, a member of the oversight and government reform committee. "washington journal" is live on c-span every day at 7:00 a.m. eastern. >> next monday c-span is yours. we are your front row seat for the inaugural ceremony of president obama. we will cover other festivities including the afternoon parade. throughout the day, we will take your phone calls and comments and facebook and twitter feedback. live coverage starts at 7:00 a.m. eastern on c-span,
. >> host: "the politics of abundance" how politics fix the budget and establish obama's legacy. this is about "communicators" on c-span. >> coming up next is los angeles mayor antonio villaraigosa and he talks about his push for immigration reform. then jan brewer delivers her state of the state address of arizona. and ben bernanke discusses economic issues at the university of michigan. >> tomorrow morning on "washington journal", we will have a...
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at no point did he talk about performance-enhancing drug use or anything like that. they had to continue to do the work they are doing. >> the apology for doping. ed, appreciate the update. turning to washington, d.c. where president obama is looking over the vice president's recommendations on preventing gun violence. the ideas include these things proposing background checks on all gun sales, making certain weapons off limits and keeping guns away from the mentally ill. taking on pro gun groups saying they are using fear to sell more firearms. following those for us, let's begin by digging deeper for the vice president's recommendations. >> the vice president was to have made those recommendations today, they are now reviewing these because he sat down with the president and went over the recommendations and the president is pointing out that later in the week they will be spelling out the details. the universal background checks and the high capacity magazine clips. they still support a ban on assault weapons. some of these things will need congressional approval,
at no point did he talk about performance-enhancing drug use or anything like that. they had to continue to do the work they are doing. >> the apology for doping. ed, appreciate the update. turning to washington, d.c. where president obama is looking over the vice president's recommendations on preventing gun violence. the ideas include these things proposing background checks on all gun sales, making certain weapons off limits and keeping guns away from the mentally ill. taking on pro...